Peruvian Jews to Build $1, 000, 000 Textile Factory in Israel

A group of Peruvian Jewish industrialists, headed by Michel Radsinsky, will invest $1, 000, 000 in a new textile factory at Afula, in Israel’s Israel Valley, it was announced here today.

Israel’s Charge d’Affaires Shamay Cahana gave a reception during the weekend in honor of Mr. Radninsky, who will manage the new plant, Mr. Radninsky will leave with his family shortly to settle in Israel.